Debt is something that we all experience in life at some stage. People often split debts into two distinct categories; good and bad debt. Good debt refers to money you borrow for a good cause. This can include student loans, paying for a house or even a car. Whatever the case is, there’s a good… Continue reading What Happened After One U.S. State Banned Payday Loans
Category: Payday Loans
Payday Loans can Cause More Harm than Good
When you need money, you might consider payday loans. Payday loans are advertised as a great and easy way to borrow money when you need some just to tide you over, but they can be very dangerous. You may take out a payday loan with the best of intentions, only to fall short on your… Continue reading Payday Loans can Cause More Harm than Good
Stop Relying on Payday Loans for Debt
Payday loans might seem like a quick and convenient way to get money when you need it. You might take out a payday loan to cover essential expenses, such as groceries, or even to cover payment for another debt. Of course, you intend to pay it back as soon as possible, but you can end… Continue reading Stop Relying on Payday Loans for Debt
Why Payday Loans Are an Awful Borrowing Choice
According to research, nearly 2 million Canadians take out payday loans each year. They do so for a variety of reasons, often to cover those household emergencies that arise when least expected, or to manage other debts. But if you’re thinking about taking out a payday loan to manage your debt or emergency financial problem,… Continue reading Why Payday Loans Are an Awful Borrowing Choice